Which of the following is an example of a voidable contract?

• A 21-year-old adult forms a written contract with an able-bodied and competent adult neighbor to clean his house for $1 per month.
• A 52-year-old forms an oral contract with an able-bodied and competent adult neighbor to paint his deck for $1,000.
• A 21-year-old forms a contract with an able-bodied and competent 30-year-old neighbor to drive her to work all year in exchange for gas money.
• A 28-year-old adult forms a written contract with an able-bodied and competent 17-year-old neighbor to cut her lawn for $200 per week.

Which of the following is an example of a voidable contract?

• A 21-year-old adult forms a written contract with an able-bodied and competent adult neighbor to clean his house for $1 per month.
• A 52-year-old forms an oral contract with an able-bodied and competent adult neighbor to paint his deck for $1,000.
• A 21-year-old forms a contract with an able-bodied and competent 30-year-old neighbor to drive her to work all year in exchange for gas money.
• A 28-year-old adult forms a written contract with an able-bodied and competent 17-year-old neighbor to cut her lawn for $200 per week.

Alongside the states, the federal government increasingly governs which area of law?

• Environmental law
• Domestic matters
• Contract law
• Property law

The CEO of Oil Company X is dismayed to learn that oil has been leaking from one of its off-shore rigs into the Gulf of Mexico for the last five years. In deciding how to proceed, the company identifies a range of stakeholders, considers how different courses of action would impact each stakeholder, and determines which core values each decision would satisfy.

According to the Josephson's core values model for ethical decision-making, what should Company X do next?

Decide which stakeholders are most important and whose needs should be prioritized.

Determine which course of action will be easiest to implement.

Weigh the financial cost of each possible course of action against the core values that it promotes.

Choose the course of action that is most likely to promote the greatest number of core values.

The CEO of Oil Company X is dismayed to learn that oil has been leaking from one of its off-shore rigs into the Gulf of Mexico for the last five years. In deciding how to proceed, the company identifies a range of stakeholders, considers how different courses of action would impact each stakeholder, and determines which core values each decision would satisfy.

According to the Josephson's core values model for ethical decision-making, what should Company X do next?

• Decide which stakeholders are most important and whose needs should be prioritized.
• Determine which course of action will be easiest to implement.
• Weigh the financial cost of each possible course of action against the core values that it promotes.
• Choose the course of action that is most likely to promote the greatest number of core values.